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China Merchants Bank Co., Ltd. (OTCMKTS:CIHKY) Short Interest Down 62.2% in May

China Merchants Bank logo with Finance background

China Merchants Bank Co., Ltd. (OTCMKTS:CIHKY - Get Free Report) was the target of a significant decline in short interest in May. As of May 15th, there was short interest totalling 1,400 shares, a decline of 62.2% from the April 30th total of 3,700 shares. Based on an average trading volume of 59,300 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

China Merchants Bank Stock Performance

Shares of OTCMKTS:CIHKY traded down $0.30 during midday trading on Monday, hitting $31.00. The stock had a trading volume of 23,805 shares, compared to its average volume of 30,563. The company has a market capitalization of $156.36 billion, a PE ratio of 7.97 and a beta of 0.28. The stock has a 50 day moving average price of $29.02 and a two-hundred day moving average price of $27.50. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.21. China Merchants Bank has a 1 year low of $18.20 and a 1 year high of $33.17.

China Merchants Bank (OTCMKTS:CIHKY - Get Free Report) last announced its quarterly earnings data on Tuesday, April 29th. The company reported $1.02 EPS for the quarter. The firm had revenue of $10.16 billion during the quarter. China Merchants Bank had a net margin of 30.16% and a return on equity of 13.27%.

China Merchants Bank Company Profile

(Get Free Report)

China Merchants Bank Co, Ltd., together with its subsidiaries, provides various banking products and services. It operates through Wholesale Finance Business, Retail Finance Business, and Other Business segments. The company offers current, demand, time, call, savings, notice, and renminbi accounts. Its loan products include personal commercial real estate, consumption, housing, and car loans; loans to finance for studying abroad; micro-business loans; mortgage loans for equipment; joint guarantee, special guarantee, and housing mortgage loan; bank acceptance, discount, liquid capital, and fixed asset loans; and loans for vessels.

Further Reading

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